Cervelli Real Estate Leases Union City, NJ Retail Space on Bergenline Ave
Cervelli Real Estate & Property Management is pleased to announce the successful lease of 1,050 SF of Union City, NJ retail space at 4524 Bergenline Ave to a local supermarket operator. The space was leased at $51 per square foot. Sales Associate Mario Loschiavo represented the transaction and guided it through to a successful close.
About the Transaction
The Space and the Tenant
4524 Bergenline Avenue offered 1,050 SF of ground-floor retail space in one of Hudson County’s most active commercial corridors. The space was well-suited for a neighborhood-serving use, and a local supermarket operator emerged as the right fit. This tenant type aligns with the corridor’s demographics and the daily needs of its dense residential base.
Strong Demand for Retail Spaces in Union City, NJ
The availability generated significant interest from multiple local operators before the lease was finalized. Retail spaces in Union City along Bergenline Avenue consistently attract serious tenants, and well-located availabilities do not stay on the market for long.
The Bergenline Avenue Retail Market
One of Hudson County’s Top Retail Corridors
Bergenline Avenue is one of the most sought-after retail destinations in Hudson County, New Jersey. The corridor serves a dense residential population and draws consistent foot traffic throughout the day and evening. Proximity to public transit, including the Hudson Bergen Light Rail, adds to its appeal for both retailers and their customers. For businesses seeking retail spaces in Union City, Bergenline Avenue remains one of the most competitive locations in the region.
Demand Outpacing Supply
Demand for retail spaces along Bergenline Avenue in Union City continues to outpace supply. Neighborhood-oriented retailers, food and beverage operators, and service businesses compete for a limited number of well-positioned availabilities. For landlords, this dynamic creates a strong leasing environment. For tenants, securing the right space early with experienced representation is critical.
About Cervelli Real Estate & Property Management
Founded in 1983, Cervelli Real Estate & Property Management is one of Hudson County’s most established commercial brokerage and property management firms. The company specializes in the sale and leasing of multifamily, mixed-use, and retail investment properties across Hudson County and Bergen County, with additional activity throughout northern New Jersey and New York. Led by Chris Cervelli, CCIM, CPM, and Michael Cervelli, the firm serves private investors, owner-users, local developers, and retail tenants and landlords across the region.
Connect With Our Team
For property owners and retailers seeking representation along Bergenline Avenue or anywhere in Hudson and Bergen Counties, contact our team today.
